5 days ago
Ambuja Neotia plans ₹2,200-crore expansion across eastern healthcare
Ambuja Neotia wants to build eight new healthcare facilities in eastern India.
The projects are expected to cost about ₹2,200 crore.
They would add around 1,800 hospital beds.
The group currently operates four facilities with about 700 beds.
Its total capacity could therefore reach about 2,500 beds.
Most of the new beds will be in multispeciality hospitals, while many others will support mothers and children.
A new 120-bed facility is planned in Howrah by around 2029.
Another mother-and-child hospital is being built in Durgapur with Amit Metaliks.
The group may use partners that provide land or buildings for some projects to reduce its own spending.
Ambuja Neotia Group plans to invest around ₹2,200 crore in eight healthcare facilities across Eastern India over four to five years.
The projects are expected to add about 1,800 beds, taking the group’s total from around 700 to approximately 2,500.
About 60% of the planned capacity will be multispeciality care, with the remainder focused on mother-and-child healthcare.
A 120-bed women’s and children’s facility in Howrah, costing around ₹150 crore, is targeted to open by April or mid-2029.
A ₹100-crore mother-and-child facility in Durgapur is being developed with Amit Metaliks and is expected to begin operations within 18 months.
- Who
- Ambuja Neotia Group, through Ambuja Neotia Healthcare Venture, led by Managing Director Parthiv Neotia.
- What
- The group plans eight healthcare facilities, around 1,800 additional beds and investment of approximately ₹2,200 crore.
- Where
- Across Eastern India, particularly West Bengal and neighbouring eastern states; projects are mentioned in Howrah, Durgapur, Taratolla and Rajarhat.
- When
- The expansion is planned over the next four to five years; the Howrah facility is targeted for April or mid-2029, and the Durgapur facility within 18 months.
- Why
- The group says it wants to make quality healthcare more accessible, respond to demand for specialised mother-and-child services and expand deeper in its core market.
Key facts
- Planned investment
- Around ₹2,200 crore
- New facilities
- Eight healthcare facilities
- Additional beds
- Approximately 1,800
- Projected total
- Around 2,500 beds, up from about 700
- Current operations
- Four facilities across West Bengal and Assam
- Planned care mix
- About 60% multispeciality capacity, with the remainder focused on mother-and-child care
- Howrah facility
- A 120-bed unit costing around ₹150 crore, targeted for April or mid-2029
- Durgapur facility
- A ₹100-crore mother-and-child project with Amit Metaliks, expected to start within 18 months
Quotes
Parthiv Neotia
Managing Director of Ambuja Neotia
“We currently have eight projects under development in Eastern India. We are planning to add around 1,800 beds across these eight upcoming healthcare facilities to increase total number of beds to around 2,500 in the next four to five years.”
thehindubusinessline.com
“Our endeavour has always been to make quality healthcare more accessible to communities across the region. The upcoming woman and child care facility in Howrah is a significant step in that direction.”
thehindubusinessline.com
Sources
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